Common use of OPENING/CLOSING POSITIONS Clause in Contracts

OPENING/CLOSING POSITIONS. 7.1 In an order to open position, Client should specify the name of instrument and the amount of transaction. In order to close the position, Client should specify the order number. 7.2 When an order to open a position is received, the trading account will be checked for available assets Free Margin. In case the initial margin and/or hedged margin for a position to be opened exceeds free margin in trading account, Client will get a denial with comment "No money". 7.3 After receiving a Client’s order, the server enqueues it for processing. When an order is enqueued, Client is acknowledged about it by the message "Order is accepted" in the client terminal. When an order is waiting for execution in a queue, Client has the right to cancel it. 7.4 Just when an order leaves a queue for executing, Client is acknowledged by a message from the server "Order is in process". Clients cannot cancel the order in case it has been accepted for execution. 7.5 When processing Client’s order in Market Execution, execution of Client’s order will be made at the current price at the moment of order execution. 7.6 All Clients’ orders are registered in the server’s log-file by making appropriate records. 7.7 A Client’s order to open a position is considered to be executed and a position is considered to be opened after an appropriate record has been made in the server’s log-file. 7.8 A Client’s order to close position is considered to be executed, and a position is considered to be closed after an appropriate record has been made in the server’s log-file. 7.9 A Client’s order to close position will be declined in case at the moment of its receipt the position is under Stop Loss or Take Profit execution. At that, Client receives the message "Off quotes".

Appears in 4 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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OPENING/CLOSING POSITIONS. 7.1 In an order to open a position, Client the Customer should specify the name of the instrument and the amount of transaction. In an order to close the position, Client the Customer should specify the order number. 7.2 When an order to open a position is received, the trading account will be checked for available assets Free Margin. In case the initial margin and/or hedged margin for a position to be opened exceeds free margin in the trading account, Client the Customer will get a denial with the comment "No money". 7.3 After receiving a Clientcustomer’s order, the server enqueues it for processing. When an order is enqueued, Client the Customer is acknowledged about it by the message "Order is accepted" in the client customer terminal. When an order is waiting for execution in a queue, Client the Customer has the right to cancel it. 7.4 Just when an order leaves a queue for executing, Client the Customer is acknowledged by a the message from the server "Order is in process". Clients The customer cannot cancel the order in case it has been accepted for execution. 7.5 When processing Clienta customer’s order in Market Execution, execution of Clientthe Customer’s order will be made at the current price at the moment now of order execution. 7.6 All ClientsCustomers’ orders are registered in the server’s log-log file by making appropriate records. 7.7 A Client’s order to open a position is considered to be executed and a position is considered to be opened after an appropriate record has been made in the server’s log-file. 7.8 A Client’s order to close position is considered to be executed, and a position is considered to be closed after an appropriate record has been made in the server’s log-file. 7.9 A Client’s order to close position will be declined in case at the moment of its receipt the position is under Stop Loss or Take Profit execution. At that, Client receives the message "Off quotes".

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

OPENING/CLOSING POSITIONS. 7.1 In an order to open position, Client Customer should specify the name of instrument and the amount of transaction. In an order to close the position, Client Customer should specify the order number. 7.2 When an order to open a position is received, the trading account will be checked for available assets Free Margin. In case the initial margin and/or hedged margin for a position to be opened exceeds free margin in trading account, Client Customer will get a denial with comment "No money". 7.3 After receiving a Clientcustomer’s order, the server enqueues it for processing. When an order is enqueued, Client Customer is acknowledged about it by the message "Order is accepted" in the client customer terminal. When an order is waiting for execution executing in a queue, Client Customer has the right to cancel it. 7.4 Just when an order leaves a queue for executing, Client Customer is acknowledged by a message from the server "Order is in process". Clients Customer cannot cancel the order in case it has been accepted for execution. 7.5 When processing ClientCustomer’s order in Market Execution, execution of ClientXxxxxxxx’s order will be made at the current price at the moment of order execution. 7.6 All ClientsCustomers’ orders are registered in the server’s log-file by making appropriate records. 7.7 A ClientCustomer’s order to open a position is considered to be executed and a position is considered to be opened after an appropriate record has been made in the server’s log-file. 7.8 A ClientCustomer’s order to close position is considered to be executed, and a position is considered to be closed after an appropriate record has been made in the server’s log-log- file. 7.9 A ClientCustomer’s order to close position will be declined in case at the moment now of its receipt the position is under Stop Loss or Take Profit execution. At that, Client Customer receives the message "Off quotes".

Appears in 1 contract

Samples: Customer Agreement

OPENING/CLOSING POSITIONS. 7.1 In an order to open a position, the Client should specify the name of the instrument and the amount of transaction. In order to close the a position, the Client should specify the order number. 7.2 When an order to open a position is received, the a trading account will be checked for available assets Free Margin. In case the initial margin and/or hedged margin for a position to be opened exceeds the free margin in the trading account, the Client will get a denial with the comment "No money". 7.3 After receiving a the Client’s order, the server enqueues it for processing. When an the order is enqueued, the Client is acknowledged about it by the message "Order is accepted" in the client terminal. When The Client cannot cancel an order that is waiting for execution in a queue, Client has the right to cancel itbeing processed. 7.4 Just when an order leaves a queue for executing, Client is acknowledged by a message from the server "Order is in process". Clients cannot cancel the order in In case it has been accepted for execution. 7.5 When processing Client’s order in of Market Execution, execution of the Client’s order will be made at the current price at the moment of order execution. 7.6 7.5 All Clients’ orders are registered in the server’s log-file by making appropriate records. 7.7 A 7.6 The Client’s order to open a position is considered to be executed and a position is considered to be opened after an appropriate record has been made in the server’s log-file. 7.8 A 7.7 The Client’s order to close the position is considered to be executed, and a position is considered to be closed completed after an appropriate record has been made in the server’s log-log file. 7.9 A 7.8 The Client’s order to close the position will be declined in the case at the moment of its receipt the position is under Stop Loss or Take Profit execution. At that. 7.9 If the margin level on the Client’s account is below 100%, Client receives while the message "Off quotes"Free Margin is negative, only closing orders or orders for reducing current positions are executed, as well as locking orders because they make the Free Margin on the account grow to positive values.

Appears in 1 contract

Samples: Client Agreement

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OPENING/CLOSING POSITIONS. 7.1 In an order to open a position, the Client should specify the name of instrument and the amount of transaction. In order to close the a position, the Client should specify the order number. 7.2 When an order to open a position is received, the a trading account will be checked for available assets Free Margin. In case the initial margin and/or hedged margin for a position to be opened exceeds the free margin in the trading account, the Client will get receive a denial with the comment "No money". 7.3 After receiving a the Client’s order, the server enqueues it for processing. When an the order is enqueued, Client it is acknowledged about it in the client terminal by the message "Order is accepted" in the client terminal". When The Client cannot cancel an order that is waiting for execution in a queue, Client has the right to cancel itbeing processed. 7.4 Just when an order leaves a queue for executing, Client is acknowledged by a message from In the server "Order is in process". Clients cannot cancel the order in case it has been accepted for execution. 7.5 When processing Client’s order in of Market Execution, the execution of the Client’s order will be made at the current price applicable at the moment of order execution. 7.6 7.5 All Clients’ client orders are registered in the server’s log-log file by making the appropriate records. 7.7 A 7.6 The Client’s order to open a position is considered to be executed and a position is considered to be opened after an appropriate record has been made in the server’s log-file. 7.8 A Client’s order to close position is considered to be executed, and a position is considered to be closed opened after an the appropriate record has been made in the server’s log-log file. 7.9 A 7.7 The Client’s order to close the position is considered to be executed, and a position is considered to be completed after the appropriate record has been made in the server’s log file. 7.8 The Client’s order to close a position will be declined in case at the moment of its receipt the position is under Stop Loss or Take Profit execution. At thatexecution at the moment of its receipt. 7.9 If the margin level on the Client’s account is below 100% while the Free Margin is negative, Client receives only closing orders or orders for reducing current positions will be executed, as well as locking orders because they make the message "Off quotes"Free Margin on the account grow to positive values.

Appears in 1 contract

Samples: Client Agreement

OPENING/CLOSING POSITIONS. 7.1 Section 7.01 In an order to open a position, the Client should specify the name of the instrument and the amount of transaction. In order to close the a position, the Client should specify the order number. 7.2 Section 7.02 When an order to open a position is received, the a trading account will be checked for available assets Free Margin. In case the initial margin and/or hedged margin for a position to be opened exceeds the free margin in the trading account, the Client will get a denial with the comment "No money".money or No margin” 7.3 Section 7.03 After receiving a the Client’s order, the server enqueues it for processing. When an the order is enqueued, the Client is acknowledged about it by the message "Order is accepted" or its meaning in the client terminal. When an order is waiting for execution in a queue, The Client has the right to cancel it. 7.4 Just when an order leaves a queue for executing, Client is acknowledged by a message from the server "Order is in process". Clients cannot cancel the an order in case it has been accepted for executionthat is being processed. 7.5 When processing Client’s order in Section 7.04 In case of Market Execution, execution of the Client’s order will be made at the current price at the moment of order execution. 7.6 Section 7.05 All Clients’ orders are registered in the server’s log-file by making appropriate records. 7.7 A Section 7.06 The Client’s order to open a position is considered to be executed and a position is considered to be opened after an appropriate record has been made in the server’s log-file. 7.8 A Section 7.07 The Client’s order to close position is considered to be executed, and a position is considered to be closed after an appropriate record has been made in the server’s log-file. 7.9 A Section 7.08 The Client’s order to close position will be declined in the case at the moment of its receipt the position is under Stop Loss or Take Profit execution. At that, Client receives the message "Off quotes".

Appears in 1 contract

Samples: Client Agreement

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